How do I recognise a Payconiq transaction on my statement for individual disbursements?

Payconiq uses wire transfers to pay out the transactions made in your business to your bank account. 

If you have opted for an individual payment of each transaction, the sender of the payment is your customer or Bancontact Payconiq Company NV/SA.

The notification will always appear as follows:

Payconiq (8 characters) + transaction reference (24 characters) + shop name (max. 23 characters) + merchant reference (max. 35 characters) + merchant description (max. 46 characters)

Do you use CODA to reconciliate your transactions? If so, this article explains how to spot transactions.

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